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What the Bank of Canada’s Rate Hold Means for Vancouver Homeowners & Buyers
The Bank of Canada has officially held its overnight rate at 2.75% , marking the first pause in its rate-cutting cycle since June 2024 ....
Keith&Jacqueline
1 day ago2 min read
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Don’t Miss the March 31st Deadline: What BC Homeowners Need to Know About the Speculation and Vacancy Tax
Tick-tock—tax time is ticking! If you own residential property in British Columbia, this is your friendly reminder that the Speculation...
Keith&Jacqueline
Mar 312 min read
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Inflation Jumps to 2.6%! What It Means for Mortgage Rates
The end of Canada’s temporary tax holiday caused inflation to surge to 2.6% in February, up from 1.9% in January. With the Bank of...
Keith&Jacqueline
Mar 181 min read
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The Labour Market's Impact on NEXT WEEK's BoC Rate Announcement
Canada’s Job Market Stumbles Ahead of Bank of Canada Rate Decision 📊📉 Today’s employment data from both Canada and the U.S. signals a...
Keith&Jacqueline
Mar 71 min read
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What the Latest Bank of Canada Rate Cut Means for Vancouver Homeowners
On January 29, 2025, the Bank of Canada (BoC) announced a significant decision to reduce its overnight rate by 0.25% , bringing it to...
Keith&Jacqueline
Jan 293 min read
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Quick Tips for First-Time Home Buyers in Canada: Your Guide to Success
Buying your first home is an exciting milestone, but navigating the process can sometimes feel overwhelming—especially in competitive...
Keith&Jacqueline
Jan 242 min read
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🏡💰 3 Smart Ways to Save on Your Mortgage in Canada
Are you a Canadian homeowner or planning to buy your first home? Managing your mortgage effectively can lead to significant savings and a...
Keith&Jacqueline
Jan 232 min read
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How the Bank of Canada’s Expected Rate Cut Could Impact Your Mortgage in Vancouver
The Bank of Canada’s upcoming decision on interest rates has mortgage holders and prospective buyers in Vancouver paying close attention....
Keith&Jacqueline
Jan 212 min read
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How December’s Job Growth Impacts Vancouver Homeowners and Their Mortgages
The Canadian labour market ended 2024 on a high note, with 91,000 new jobs added in December and the unemployment rate dropping to 6.7%. ...
Keith&Jacqueline
Jan 102 min read
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BREAKING NEWS 🚨 | Bank of Canada REDUCES Overnight Rate by 0.50%
Today, December 11, 2024, the BoC reduced its target for the overnight rate by a further 0.50% to 3.25%. Today’s oversized cut is a full...
Keith&Jacqueline
Dec 11, 20242 min read
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Canada's Mortgage Market Revolution: 30-Year Amortizations & $1.5M Insured Mortgage Cap Explained!
🏠 Big News for Homebuyers! The Canadian government has introduced exciting changes to the mortgage market: 30-year amortizations and an...
Keith&Jacqueline
Sep 16, 20241 min read
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Ottawa to Expand 30-Year Amortizations, Raise Insured Mortgage Cap
📢 GREAT NEWS! 📢 🏠 First time home buyers will be allowed to increase their maximum amortization to 30 years, up from 25 years. This is...
Keith&Jacqueline
Sep 16, 20241 min read
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Bank of Canada Rate Announcement | What It Means For Your Mortgage
Big News for Homeowners! The Bank of Canada announced a rate drop to 4.5%! Join Christine Kopr, Senior VP of Sales at Sotheby’s Realty,...
Keith&Jacqueline
Jul 29, 20241 min read
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The BoC lowered its target for the overnight rate by a 0.25% to 4.75% and will continue its policy of balance sheet normalization.
The BoC lowered its target for the overnight rate by a 0.25% to 4.75% and will continue its policy of balance sheet normalization.
Keith&Jacqueline
Jun 5, 20241 min read
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The BoC held its target for the overnight rate at 5% and is continuing its policy of quantitative tightening.
The BoC has now maintained this rate of 5% since July 12, 2023. Inflation still remains sticky but the BoC expects inflation to slow...
Keith&Jacqueline
Apr 12, 20242 min read
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Reminder: Declare Speculation & Vacancy Tax by March 31st
Tick-tock goes the tax clock! ⏰ Don't let the March 31st deadline sneak up on you for the Speculation and Vacancy Tax declaration. Act...
Keith&Jacqueline
Mar 22, 20241 min read
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Understanding Tax Reporting Rules for Co-Signed Mortgages: A Guide for Parents
Did you co-sign for your child's mortgage? Or do you have a joint bank account with your minor or adult child? New tax rules for bare...
Keith&Jacqueline
Mar 21, 20241 min read
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What Today's Inflation Numbers Mean | March 2024
We’re headed in the right direction. Let’s hope for more positive news tomorrow. February's inflation numbers came in lower than expected...
Keith&Jacqueline
Mar 21, 20241 min read
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When Will Rates Come Down?
As we all know, the bank of Canada, maintained their overnight rate last week. Economists and the market are predicting that hopefully by...
Keith&Jacqueline
Mar 14, 20241 min read
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The BoC held its target for the overnight rate at 5% and is continuing its policy of quantitative tightening.
Today, March 6, 2024, the BoC held its target for the overnight rate at 5% and is continuing its policy of quantitative tightening. The...
Keith&Jacqueline
Mar 6, 20241 min read
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